Richard Davies, Economist and author of Extreme Economies joins WIRED's Editor-in-Chief, Greg Williams to share his insight of extreme economies to better understand the long-term impact of COVID-19 on our economy and society. Recorded on May 13, 2020.

As the world faces its most extreme test to date, this session, part of the WIRED Foresight series, will explore the resilience, entrepreneurship and fragility found in economies – and in humans.

Davies has spent years researching how economies work under three categories of extreme stress – survival, failure and future. And, regardless of whether he was looking at one of the richest nations to the poorest countries, Davies witnessed some of the same trends and patterns emerging across all of them.

“We know for a fact that three big trends are going to affect the economy of the next 10-20 years. The economy of 2030 is increasingly elderly as life expectancy rises and birth rates fall. It’s technologically advanced and it’s increasingly unequal as large emerging markets mature and incomes in those countries diverge. We know that these things are going to have economic impact, they’re on the horizon and they’re definitely going to test our resilience”. - Richard Davies, Author of Extreme Economies.

Designed as an extension of WIRED’s long-running live conference portfolio, these punchy, deliberate and engaging sessions reflect the same high calibre of speakers and programming featured at a WIRED event.

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